That’s true, I don’t consider units along that canal as “waterfront”. Maybe “canal front or slough front” or whatever that thing is.
If units there are worth $700-800 SqFt for that view, then certainly $1000 SqFt for panoramic “Bay and Bridge views” at the Brannan, One Rincon, and Infinity are reasonable…

Personally, I prefer canal view and the fact that 255 Berry is next to a public park (Mission creek park). It is a much more sane neighborhood (when Mission Bay is built up 3-5 years from now) than the I80 traffic madness of One Rincon.
Infinity location is great. But it is so expensive.

From what I was told, the “dirty little channel” will eventually be bordered on the other side of 255 Berry with a somewhat high end hotel, homes/development, and a greater South Beach community currently occupied by parking lots. Personally, I’d love to see the 49ers in a brand spanking new stadium right across “the dirty little channel” but that won’t happen in anybody’s lifetime. I think this is the quintessential “betting on the future.”

I visited Mission Bay recently and was surprised to find a “Mission Bay” Visitors Center across the channel.
To my knowledge this is the only San Francisco neighborhood with its own Visitor Center.
Sooooo this is where the additional $25/month additional Mission Bay neighborhood tax goes.